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Forex Trend Analysis Report

Prepared for you on Thursday, January 17, 2019.

Colombian Peso/Brazilian Real (FOREX:COPBRL)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_COPBRL
Open High Low COPBRL Price Change
0.001190 0.001191 0.001189 0.001190 0.000000
Entry Signal

MarketClub’s Trade Triangles for COPBRL

long term down The long term trend has been DOWN since Oct 3rd, 2018 at 0.001270

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2019 at 0.001175

short term up The short term trend has been UP since Jan 16th, 2019 at 0.001188

Smart Scan Analysis for COPBRL

Based on a pre-defined weighted trend formula for chart analysis, COPBRL scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for COPBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.001190 0.001191 0.001189 0.001190 0.000000
Prev. Close Volume Bid Ask Time
0.001190 0.001189 0.001192 2019-01-17 04:39:17
Want to analyze Colombian Peso/Brazilian Real COPBRL or another symbol? Try our Free Forex Trend Analysis Report.